UK House of Commons Committee Slams Rupert Murdoch's Business Leadership.

"News International repeatedly made misleading and exaggerated claims regarding the ‘investigations..Rupert Murdoch is not a fit person to exercise the stewardship of a major international company." ...see Ethical Leadership.

Wal-Mart's Alleged Mexican Bribe Paying and Cover Up

Wal-Mart’s ethics policy offered clear direction. “Never cover up or ignore an ethics problem,” the policy states.  The New York Times on April 21, 2012, reported over three pages, leading on its page one, that it had conducted extensive interviews and obtained extensive documentation that suggests that Wal-Mart allegedly pursued systematic and extensive bribery of public officials in Mexico and that senior corporate management did not pursue investigations or report findings to official authorities although there was allegedly evidence suggesting violations of U.S. and Mexican criminal laws. The story, moving beyond the details, will again raise the crucial question of how credible are the ethics codes that corporations have.

Are corporate ethics codes mere public relations and window-dressing?

World Bank updates anti-corruption policy. "Accountable institutions are needed to improve development effectiveness, reduce poverty and promote inclusive economic growth,” said Linda Van Gelder, World Bank Director for Public Sector and Governance. “Our updated strategy will help build those institutions for better governance around the world. The Bank’s country-driven approach will be supported by global initiatives against anti-corruption and malfeasance.” ... see best Practices by Governments.

FIFA Can Global Soccer Authorities Come to Terms With Internal Integrity Challenges? FIFA Announces Key Reforms - Independent Panel Argues FIFA Does Not Go Far Enough.
“We are disappointed. We had expected a more comprehensive introduction of new procedures. Too much is still unclear and key issues, such as investigations into the past allegations of corruption, have not been properly addressed. It has already been nearly 10 months since FIFA promised to clean house,” said Sylvia Schenk, senior advisor for sport at Transparency International...see Corporate Governance, Reputation.

PLEASE VISIT THE PARTNERSHIP FOR TRANSPARENCY FUND...This superb organization is supporting civil society groups across the develooping world with small grants plus expert advice that are yielding outstanding anti-corruption results. PTF now needs more resources to support rising demand for its unique services -- let PTF know if you have suggestions/contacts to enable PTF to meet the needs of vital organizations that are promoting good governance.

New Zealand, Denmark, Finland and Sweden top the Transparency International Corruption Perceptions Index 2011

Perceived to be the most corrupt are:

Iraq, Sudan, Turkmenistan,Uzbekistan, Afghanistan, Myanmar, North Korea and in the absolute lowest position of 182 countries ranked, Somalia.

....see the Ethicsworld CPI page

G20 reports on Tax Havens... see Money Laundering

“We are thrilled to see the G20 taking the issue of illicit financial flows seriously,” said Raymond Baker, director of Global Financial Integrity.  “Secrecy jurisdictions provide a safe haven for the ill gotten gains of kleptocrats, criminals and tax evaders.  They destabilize the world economy, bankrupt developed and developing countries alike, and facilitate the financing of trafficking and terrorism.”

“Those who profit from financial secrecy will be very happy with the weak level of transparency agreed today. Although the G20 has acknowledged the need to tackle corruption and secrecy, they will have to step up their efforts in enforcing practical measures that force money-launderers and tax evaders into the full light of day,” said Angela McClellan, G20 Senior Programme Coordinator at Transparency International.